DECIBEL THERAPEUTICS INC (DBTX) Stock Technical Analysis
USA - NASDAQ:DBTX - US24343R1068 - Common Stock
We assign a technical rating of 9 out of 10 to DBTX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DBTX is showing a nice and steady performance.
DBTX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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1.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.90 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a trend line in the weekly time frame.
- A support zone ranging from 2.96 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a trend line in the daily time frame.
- Support @2.01 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.05 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBTX is up. |
| ChartMill Relative Strength | 91.28 | POSITIVE | DBTX has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.68 | NEUTRAL | The RSI value for DBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DBTX has a negative trend. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for DBTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for DBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.06 | POSITIVE | The high ADX value value for DBTX suggests a strong trend. |
4.91
-0.04 (-0.81%)
DECIBEL THERAPEUTICS INC / DBTX FAQ
Can you provide the ChartMill technical rating for DECIBEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 8 / 10 to DBTX.
Can you provide the trend direction for DECIBEL THERAPEUTICS INC?
The current trend direction for DECIBEL THERAPEUTICS INC (DBTX) is Bullish.
Can you provide the RSI signal for DECIBEL THERAPEUTICS INC?
DECIBEL THERAPEUTICS INC (DBTX) has an RSI value of 51.682. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DECIBEL THERAPEUTICS INC?
The MACD indicator for DECIBEL THERAPEUTICS INC (DBTX) has a value of -0.077586, indicating a bearish trend.
What is the buy/sell signal for DECIBEL THERAPEUTICS INC (DBTX) stock?
The buy/sell signal for DECIBEL THERAPEUTICS INC (DBTX) is buy as both the short term and long term trends are positive.